increase prices

What Strategies Can Mitigate Customer Backlash?

Several strategies can help mitigate customer backlash when prices are increased. One approach is to introduce tiered pricing, offering different levels of service or product quality at varying prices. This allows customers to choose the option that best fits their budget. Another strategy is to enhance the perceived value through bundling products or services. Adding extra features or improving customer support can also help justify the price increase. Providing exclusive offers or loyalty rewards can maintain customer satisfaction and loyalty.

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